Despite ban, Oklahoma House approves $100M revenue bill - KSWO 7News | Breaking News, Weather and Sports

Despite ban, Oklahoma House approves $100M revenue bill

Oklahoma Capitol (Source KSWO) Oklahoma Capitol (Source KSWO)

By The Associated Press

OKLAHOMA CITY (AP) - Despite a constitutional prohibition on passing revenue bills in the final week of session, the Oklahoma House approved a plan to generate about $100 million by limiting the amount of itemized deductions Oklahoma taxpayers can claim on their tax returns.

The bill approved Monday caps deductions at $17,000 per year, excluding charitable deductions. It passed on a 56-40 vote and now heads to the Senate for approval.

The bill faced bipartisan opposition from lawmakers who said it would affect those with catastrophic medical expenses or the loss of a home.

Several Democrats argued the measure was unconstitutional and would likely be challenged in court.

Lawmakers are required to adjourn by Friday and are struggling to fill an $878 million budget gap. They could be forced into a special session after budget negotiations collapsed over the weekend.

House Bill 2403: http://bit.ly/2ruw6cX

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Local NewsNewsMore>>

  • breaking

    Bridge collapse in Italy involves several vehicles

    Bridge collapse in Italy involves several vehicles

    Tuesday, August 14 2018 7:25 AM EDT2018-08-14 11:25:02 GMT

    Emergency services are rushing to the scene of the roadway bridge collapse. 

    Emergency services are rushing to the scene of the roadway bridge collapse. 

  • White House called toxins contamination 'PR nightmare'

    White House called toxins contamination 'PR nightmare'

    Monday, August 13 2018 1:38 AM EDT2018-08-13 05:38:00 GMT
    Tuesday, August 14 2018 7:16 AM EDT2018-08-14 11:16:56 GMT
    Officials are demanding that the EPA act quickly to clean up local water systems testing positive for dangerous levels of PFAS. (Source: Raycom Media)Officials are demanding that the EPA act quickly to clean up local water systems testing positive for dangerous levels of PFAS. (Source: Raycom Media)

    Officials are demanding that the EPA act quickly to clean up local water systems testing positive for dangerous levels of chemicals used in nonstick cookware, fast-food wrappers and much more.

    Officials are demanding that the EPA act quickly to clean up local water systems testing positive for dangerous levels of chemicals used in nonstick cookware, fast-food wrappers and much more.

  • Trump and Omarosa spar over claim he used N-word

    Trump and Omarosa spar over claim he used N-word

    Tuesday, August 14 2018 12:26 AM EDT2018-08-14 04:26:12 GMT
    Tuesday, August 14 2018 7:14 AM EDT2018-08-14 11:14:07 GMT
    (AP Photo/Evan Vucci, File). FILE - In this Feb. 1, 2017, file photo, President Donald Trump, center, is flanked by White House staffer Omarosa Manigault Newman, left, and  then-Housing and Urban Development Secretary-designate Ben Carson as he speaks ...(AP Photo/Evan Vucci, File). FILE - In this Feb. 1, 2017, file photo, President Donald Trump, center, is flanked by White House staffer Omarosa Manigault Newman, left, and then-Housing and Urban Development Secretary-designate Ben Carson as he speaks ...

    Beyond their war of words, the row touched on several sensitive issues in Trump's White House, including a lack of racial diversity, security in the executive mansion and a culture that some there feel borders on paranoia.

    Beyond their war of words, the row touched on several sensitive issues in Trump's White House, including a lack of racial diversity, security in the executive mansion and a culture that some there feel borders on paranoia.

Powered by Frankly